Borrowing Money for General Freight Trucking, Long-Distance, Less Than Truckload

Looking for loans for general freight trucking, long-distance, less than truckload? An SBA loan may be just what you've been looking for. This $33,000 general freight trucking, long-distance, less than truckload loan was issued by a Virginia bank.

J & D Trucking Service, Inc. knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Suntrust Bank, based in Richmond, Virginia.

SBA Loan Borrower

J & D Trucking Service, Inc.
14203 SW 48 Terrace
Miami, FL 33135

SBA Loan Lender

SUNTRUST BANK
1001 SEMMES AVE, RVW 4323
RICHMOND, VA 23224

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

484122 - General Freight Trucking, Long-Distance, Less Than Truckload

Loan Approval Date

1/20/2006

Loan Approval Gross Amount

$33,000

Loan Approval from the SBA

Of the total $33,000 loan amount, the SBA guaranteed $16,500.

More Information on This SBA Loan

The borrower, J & D Trucking Service, Inc., borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. This loan was paid in full, and was closed out on 7/23/2007.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to J & D Trucking Service, Inc. to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

SBIR Funding

Where to Get an SBA Loan in Richmond, Virginia

Find an SBA Lender in Virginia

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